The Group acquires prestigious building in Zurich

Biel / Bienne, Switzerland – November 27, 2014 – Through one of its real-estate companies, the Swatch Group has purchased the property at Bahnhofstrasse 30 in Zurich (Grieder – Louis Vuitton building) from Credit Suisse. The parties have agreed not to disclose the sale price.

November 27, 2014 – With the purchase by the Swatch Group, this central building that characterizes the Bahnhofstrasse like no other building remains therefore in Swiss hands.

The six-storey building with a floor area of 7435 m2, was built in the gothic style between 1912–1913. The Bahnhofstrasse is one of the most important shopping streets in the world.

SOURCE: The Swatch Group